News Headlines

Government to Invest One Per Cent GDP into Science and Innovation

Government will invest one per cent of the country’s Gross Domestic Product (GDP) in science, technology and innovation, Professor Kwabena Frimpong-Boateng, the Minister of Environment, Science, Technology and Innovation (MESTI), has said.

He said the Government was scaling up efforts to invest in science and technology infrastructure to enable Ghanaian innovators to achieve the skills they so much cherished.

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Government Launches National Entrepreneurship Programme

Determined to change the economic fortunes of Ghana, government on Thursday launched an ambitious plan to promote the growth and development of entrepreneurship and to accelerate job creation for national development.

The initiative- National Entrepreneurship and Innovation Plan (NIEP) is a multi-pronged approach aimed at creating the conducive and business-friendly environment to stimulate enterprise activities and provide integrated national support for start-ups and small businesses that would in turn generate employment for the teeming youth of Ghana.

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GIPC Engages Stakeholders on Its Act

The Ghana Investment Promotion Centre (GIPC) has begun series of engagements with various stakeholders in an effort to create dialogue and examine key provisions in its Act to bring them in line with the Centre’s investment drive.

Mr Yofi Grant, the Chief Executive of the GIPC, said a key objective of the engagement was to meet in the process of reformation and review to make the country’s economy attractive for investment.

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Venture Capital to Support Agric Investors Under President’s Initiative

The Venture Capital Trust Fund is to commit part of its $50 million budgetary allocation to support companies that will be willing to take advantage of the government’s One-District, One-Factory (1D1F) initiative.

The fund said it would direct its attention more to companies in the agriculture sector and in particular, those in agro-processing and the entire agriculture value chain as a whole.

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GIPC Signs MoU With CCPIT to Promote Investments


The Ghana Investment Promotion Centre (GIPC) signed an MoU with the China Council for the Promotion of International Trade (CCPIT) to promote trade and investment between China and Ghana during the 2017 China-Ghana Trade and Investment Forum held in Beijing, China.

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